Binance to Set Up "Web3 Outpost" in Crypto-Friendly Georgia

DailyCoin

Published Mar 27, 2023 04:00PM ET

Updated Mar 28, 2023 01:30AM ET

Binance to Set Up "Web3 Outpost" in Crypto-Friendly Georgia

  • Binance has revealed plans to set up a new blockchain hub in Georgia
  • Binance plans to create dozens of new jobs in Georgia by the end of 2023.
  • Georgia has been recognized as one of the most innovative countries in the region, with a high level of crypto adoption.
Binance, one of the world's leading cryptocurrency exchanges, has set its sights on expanding its reach again. This time, it has chosen the crypto-friendly country of Georgia as the location for its brand-new blockchain hub. This move is no surprise, given that the Georgian government has ambitions to make the country a major international center of crypto activity.

As of writing, Binance's Georgia division has a team of 25 professionals who work alongside local public and private sectors to organize educational...

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